Michael Koralewski - 04 Mar 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
Chief Mfg. Operations Officer
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Issuer symbol
FSLR
Transactions as of
04 Mar 2022
Net transactions value
-$152,681
Form type
4
Filing time
08 Mar 2022, 17:39:47 UTC
Previous filing
04 Mar 2022
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +1,112 $0.000000 1,112 04 Mar 2022 Direct F1
transaction FSLR Common Stock Tax liability $34,272 -477 -43% $71.85 635 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1,460 +230% $0.000000 2,095 04 Mar 2022 Direct F3
transaction FSLR Common Stock Tax liability $44,978 -626 -30% $71.85 1,469 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1,730 +118% $0.000000 3,199 04 Mar 2022 Direct F4
transaction FSLR Common Stock Tax liability $53,313 -742 -23% $71.85 2,457 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +652 +27% $0.000000 3,109 04 Mar 2022 Direct F5
transaction FSLR Common Stock Tax liability $20,118 -280 -9% $71.85 2,829 04 Mar 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FSLR Restricted Stock Units Options Exercise $0 -1,112 -100% $0.000000* 0 04 Mar 2022 Common Stock 1,112 Direct F6, F7
transaction FSLR Restricted Stock Units Options Exercise $0 -1,460 -50% $0.000000 1,460 04 Mar 2022 Common Stock 1,460 Direct F6, F8
transaction FSLR Restricted Stock Units Options Exercise $0 -1,730 -33% $0.000000 3,458 04 Mar 2022 Common Stock 1,730 Direct F6, F9
transaction FSLR Restricted Stock Units Options Exercise $0 -652 -20% $0.000000 2,605 04 Mar 2022 Common Stock 652 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2018.
F2 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F3 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2019.
F4 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2020.
F5 Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
F6 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2015 Omnibus Incentive Compensation Plan.
F7 The restricted stock units were granted on March 6, 2018 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F8 The restricted stock units were granted on March 6, 2019 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F9 The restricted stock units were granted on March 6, 2020 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F10 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
F11 The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.